Costco is slashing prices on everything … except their retirement plan (lawsuit alleges)
Last month, a participant in the Costco 401k plan (which has roughly 170k+ participants and $15B Assets) filed a lawsuit against the company citing damages from ERISA violations. I read the almost 40-page class action complaint and wanted to break it down as simply as I could. The lawsuit alleges that…
Hindsight is not 2020
They say hindsight is always 2020, but this year has been anything but clear. 2020 started off with all-time market highs, but in February stores closed their doors for the long quarantine. From mom-and-pop shops, hair salons, and restaurants to massive corporations, airliners, manufacturing plants, and retail stores. Few companies…
Spotify makes a sound investment
The Joe Rogan Podcast will be exclusively available on Spotify starting September 1st after reaching an agreement for upwards of $100M+. This is a very large pay day for Joe Rogan. Ted Gioia, musician and author, explains that another artist would have to drive 23 billion streams on Spotify to…
